Question: I bought my house on a seller financed note.

The lady who sold the house to me was real nice.
She gave me a fair price and a small down payment. She didn't require a whole
bunch of paperwork like tax returns or credit reports from me.

I have been making payments pretty good. last year I only missed 2 payments, and this year I am only behind for May and June.

She told me she is fixing to sell the note to an investor company like yours.

My question is this: "If you buy the seller financed mortgage note from this nice lady, will you foreclose on me because I am just a little bit behind on the payments?"

Answer: I probably would. If I buy a note, I expect to get paid on my investment. Otherwise, I might as well start making donations to my favorite charities as opposed to buying notes.